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PSX Records Highest Ever Closing After Crossing 80,500 Points

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Legal Expert
PSX Records Highest Ever Closing After Crossing 80,500 Points
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed at an all-time high today after crossing 80,000 for the third time in a little over two weeks. The KSE-100 index surged by 525 points or 0.65 percent to 80,737 around 2:40 PM today. An encouraging buying despite the PSX building catching fire in the first three hours of trade helped the index enter the 80,000 territory once again. The KSE-100 index closed at 80,566, up 353 points or 0.44 percent. This is the highest-ever closing recorded by the benchmark index. The highest participation was witnessed in Hum Network Limited (PSX: HUMNL) with over 20.66 million shares traded, followed by National Bank of Pakistan (PSX: NBP) and The Bank of Punjab (PSX: BOP). The scrips had 19.5 million shares and 17.5 million shares traded, respectively.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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